Soros had bet his entire fund in a short sale on the ultimately fulfilled prediction that the British currency would drop in value, netting him a profit of $1 billion.
[3] On February 14, 1994, the funds had a major loss of $600 million in one day betting against the Japanese yen.
[1] The fund lost US$2 billion in investments in Russia during the 1998 Russian financial crisis.
[4] In July 2011, to avoid having to register with the SEC[5] and comply with reporting requirements under the Dodd-Frank reform act, the Quantum Fund announced they would be turning the fund into a family investment group and returning all outside money to investors by the end of 2011.
[6] The fund is now managing Soros' family money as well as working with retail investors.